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The differences between managers-finance systems and finance managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a manager-finance systems and a finance manager. Additionally, a manager-finance systems has an average salary of $118,791, which is higher than the $101,374 average annual salary of a finance manager.
The top three skills for a manager-finance systems include financial systems, project management and hyperion. The most important skills for a finance manager are financial analysis, CPA, and customer service.
| Manager-Finance Systems | Finance Manager | |
| Yearly salary | $118,791 | $101,374 |
| Hourly rate | $57.11 | $48.74 |
| Growth rate | 16% | 17% |
| Number of jobs | 154,787 | 125,345 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 66% |
| Average age | 47 | 46 |
| Years of experience | 8 | 8 |
A financial systems manager is responsible for maintaining the security and stability of the organization's account systems and ensuring the accuracy of data for verification. Financial systems managers monitor the business financial transactions and supervise record-keeping methods across the organization. They also coordinate with the department heads for budget and resources and establish the proper allocation to support business operations. A financial systems manager must have excellent leadership and analytical skills, especially in handling financial disputes and resolving discrepancies to prevent potential loss and risks.
A finance manager is responsible for monitoring the financial system of a company. Their tasks include handling their organization's financial status, generating cost estimates and budget goals, identifying business opportunities to increase revenues and profitability, improving financial strategies, reducing costs, analyzing account statements, processing invoice as needed, analyzing market trends, searching potential partnerships, and presenting reports. A finance manager must have excellent analytical skills and knowledge of the accounting and financial industry. They are responsible for providing the best recommendations for the organization's growth.
Managers-finance systems and finance managers have different pay scales, as shown below.
| Manager-Finance Systems | Finance Manager | |
| Average salary | $118,791 | $101,374 |
| Salary range | Between $91,000 And $154,000 | Between $71,000 And $144,000 |
| Highest paying City | San Rafael, CA | New York, NY |
| Highest paying state | California | New York |
| Best paying company | Meta | Barclays |
| Best paying industry | Retail | Finance |
There are a few differences between a manager-finance systems and a finance manager in terms of educational background:
| Manager-Finance Systems | Finance Manager | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 66% |
| Most common major | Accounting | Business |
| Most common college | Carnegie Mellon University | University of Pennsylvania |
Here are the differences between managers-finance systems' and finance managers' demographics:
| Manager-Finance Systems | Finance Manager | |
| Average age | 47 | 46 |
| Gender ratio | Male, 67.8% Female, 32.2% | Male, 60.0% Female, 40.0% |
| Race ratio | Black or African American, 6.7% Unknown, 5.2% Hispanic or Latino, 10.1% Asian, 12.6% White, 65.2% American Indian and Alaska Native, 0.2% | Black or African American, 7.6% Unknown, 4.1% Hispanic or Latino, 14.6% Asian, 10.2% White, 63.2% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 11% | 11% |